Friday, January 27, 2023

After losing billions on mobile bets, Japanese e-commerce giant Rakuten raised ~$1.9B for its mobile business and plans to sell its banking and securities units (Finbarr Flynn/Bloomberg)

Finbarr Flynn / Bloomberg:
After losing billions on mobile bets, Japanese e-commerce giant Rakuten raised ~$1.9B for its mobile business and plans to sell its banking and securities units  —  Japanese e-commerce giant Rakuten Group Inc. sold 250 billion yen ($1.9 billion) of bonds on Friday, giving the company …



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Q&A with Jürgen Schmidhuber, the controversial AI pioneer and director of AI at Saudi Arabia's KAUST, on the kingdom's AI ambitions, DeepSeek, AGI, and more (Anup Kaphle/Rest of World)

Anup Kaphle / Rest of World : Q&A with Jürgen Schmidhuber, the controversial AI pioneer and director of AI at Saudi Arabia's KAUS...